Differences between Sales Tax and VAT

EU VATUS Sales TaxVAT Differences between Sales Tax and VAT TB EU VATUS Sales TaxVAT Differences between Sales Tax and VAT TB In the US, sales tax and VAT (value added tax) have a few key differences that can cause confusion for international companies entering the US...

What is a VAT number?

UK VATVAT What is a VAT number? TB UK VATVAT What is a VAT number? TB VAT  – Value-added tax is a consumption tax charged on the value added of goods and services as they move through the supply chain. This tax in different countries has different names for example...

Marketplace reporting obligations – USA

Uncategorized Marketplace reporting obligations – USA TB Uncategorized Marketplace reporting obligations – USA TB Platforms facilitating sales of goods or services in the US market need to send every year an information report about income sellers/ merchants received...

August 2021 Product Updates

Product Update August 2021 Product Updates TB Product Update August 2021 Product Updates TB See the summary of changes that were held below: Fixes EU distant sales threshold is in force since 1 July 2021. The new threshold calculation begins on 1 January 2021 from...

Lovat to join Singapore Techscaler programme

Uncategorized Lovat to join Singapore Techscaler programme TB Uncategorized Lovat to join Singapore Techscaler programme TB October 15, 2024, Edinburgh — Lovat, a leader in innovative tax management solutions for e-commerce, is excited to announce its participation in...

Lovat Newsletter – June 2023

Newsletter Lovat Newsletter – June 2023 Sofi M. Newsletter Lovat Newsletter – June 2023 Sofi M. Welcome to the latest edition of our newsletter, where we bring you the most exciting updates, essential information, and insightful articles that you won’t want to miss....

Lovat Newsletter – June 2024

Newsletter Lovat Newsletter – June 2024 Sofi M. Newsletter Lovat Newsletter – June 2024 Sofi M. New Labeling Rules in France This update informs about new regulations in France requiring the Triman symbol and recycling instructions on packaging. These rules aim to...